Amazon has officially launched Trainium3, its latest custom-built AI chip, signaling an aggressive push to challenge Nvidia’s grip on the artificial intelligence hardware market. The new chip delivers 4.4x faster performance and 40% greater energy efficiency compared to its predecessor, while AWS simultaneously rolled out Trn3 UltraServers capable of handling 144 chips in a single
Anthropic, the artificial intelligence start-up behind the Claude chatbot, has taken a significant step toward a potential public listing after engaging prominent US law firm Wilson Sonsini Goodrich & Rosati to begin groundwork for an initial public offering, reported Financial Times. While an IPO may not occur until 2026 at the earliest, the move signals
Marvell Technology Inc. shares rallied sharply in late trading after the semiconductor company reassured investors about the momentum of its custom chip business and announced a multibillion-dollar acquisition aimed at strengthening its position in the artificial intelligence market. The company’s upbeat commentary followed its third-quarter earnings release and signaled more confidence in its growth prospects
In a busy day for global political and economic developments, US electoral shifts, a rebound in Asian markets, mixed Australian growth data, and a major semiconductor acquisition offer a broad snapshot of the forces shaping investor sentiment. Here is a roundup of the key events unfolded on Wednesday morning. Republicans secure Tennessee House seat Voters
Australia’s under 16 social media ban will take effect on 10 December, triggering one of the most sweeping platform changes the country has ever introduced. YouTube is now preparing for this shift even though it had earlier rejected being included in the crackdown and was widely discussed in speculation about a possible court challenge. The
Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after the tech titan unveiled its next-gen AI accelerator – Trainium3 – that may challenge Nvidia’s (NASDAQ: NVDA) dominance in high-performance computing. With promise of lower costs, massive scalability, and seamless integration into AWS infrastructure, Trainium3 could reshape the economics of training frontier artificial intelligence models.
Luana Lopes Lara did not begin her journey in Silicon Valley or with a childhood spent tinkering with computers. Instead, the 29-year-old co-founder of prediction market Kalshi, now crowned the world’s youngest self-made woman billionaire, spent her formative years in studios, navigating the rigour of classical ballet. Today, she stands at the helm of one
The past few months have felt like watching a new industrial revolution develop at fast-forward speed. Each week, another breakthrough model arrives. Another tech giant hints at a new data centre the size of a town. Another start-up floats a valuation that would have seemed absurd a year ago. Investors have been trying to ride
After a choppy year for enterprise software, Salesforce (NYSE: CRM) is suddenly wearing a new label: value stock. With shares drifting near 52-week lows and valuation multiples compressing to levels rarely seen in its two-decade run, Wall Street is buzzing about a potential bargain. But in a market obsessed with immediate AI returns, “cheap” on
Malaysia’s position in the global semiconductor supply chain is gaining fresh momentum as Intel prepares another major expansion. The company has confirmed a new 860 million ringgit investment, strengthening the country’s role in assembly and testing at a time when governments worldwide are competing to secure chip production capacity. The announcement followed a meeting between